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AFRICOAST ENERGY LAUNCHED
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AFRICOAST ENERGY LAUNCHED

FOLLOWING significant growth in the renewable energy business, 
AfriCoast Engineers SA has developed a sister company to exapnd
its vision.
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R20bn in airport projects poised to take off in Cape Town

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The airspace over Cape Town is set to become much busier in the next two to seven years, with two mega-projects ramping up to allow for increased air traffic to and from the Western Cape capital. The first project will see Airports Company South Africa (ACSA) spending an estimated R11.3-billion to upgrade and expand Cape Town International Airport (CTIA).

Denel presents its plans to Parliament

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In a presentation to Parliament's Portfolio Committee on Defence and Military Veterans, beleaguered State-owned defence industrial group Denel outlined its hopes and plans for restoring its businesses. Denel is currently organised into six commercial units, three of which, namely Dynamics, Lanward and Integrated Systems Solutions, are classified as "sovereign", while the other three (Aerospace, Space and Denel Properties) are categorised as "strategic". The group presented its "strategic ...

Competition Commission welcomes increase in merger thresholds

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The Competition Commission welcomes the amended Merger Threshold Determination and Merger Filing Fees that were gazetted on May 8. Its research indicates that the revised thresholds can materially reduce merger notifications without compromising competition or public interest enforcement, thereby improving the efficiency of the merger control regime.

Amplified calls for Cabinet-endorsed electricity reform roadmap

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Independent power producer and licensed trader NOA has amplified a recent call for the publication of a Cabinet-endorsed electricity reform roadmap to ensure that the shift to the competitive market structure envisaged in legislation and policy is implemented. NOA head of trading Andrew Taylor argued this week that the Electricity Regulation Amendment Act and the impending launch of the South African Electricity Wholesale Market (SAWEM) offered a credible path to a competitive, green and affordable electricity system, but currently lacked an authoritative, coherent and sequenced implementation plan.
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